Hawaii Living

Discovery Bay #3316 (Waikiki)

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  • Asking Price: $348,000
  • Beds: 1
  • Baths: 1
  • Living: 852 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/39
  • Lease Rent: $ 450 / month
  • Fee Purchase: $143,640
  • Built: 1977
  • Parking: 1
  • Maint. (HOA) Fees: $1,015 / month
  • Property Taxes: $188 / month ?
  • Est. Mortgage: $1,760 / mo - adjust loan
  • Time Listed for Sale: 152 days
  • Status: Under Contract
    (since Oct 29, 2024)
     ?
  • Buy without visiting ?
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1778 Ala Moana Blvd #3316, Honolulu

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly:
Robert V Cooper (R)
RB-11428
TY Realty, Inc.
Phone: (808) 941-6675

Description
DRASTIC PRICE REDUCTION /HIGH FLOOR UNIT/ ENCLOSED LANAI; Spacious & Clean. Remodeled (1/2013) great corner unit with a mountain canal view. Vinyl flooring, kitchen, & bath cabinets. Great location for easy access to restaurants, convenience stores, Ala Moana shops, beaches, surf breaks, and on the Bus and trolley line. Seasoned building managed and Board of Directors with wonderful staff, 24-hour security, and all the amenities you need! Private showings. Unit is fully furnished and ready to occupy or lease. A Leasehold property with Fee Available $143,640 from Discovery Bay Condominium Association. It owns approximately 96.893% of beneficial interest in the trust. Transfer of this interest from the AOAO to the unit owners is ongoing. The Lease rent has been negotiated to the end of the lease term. It is paid quarterly @ $1,348.64. Discovery Bay is a wonderful choice if you are looking for a great location close to the Beach, Ala Moana Beach Park, and Ala Moana Shopping Center. Amenities include Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building has security guard, secured lobby & video.
Recent Activity
  • Oct 29, 2024 Under Contract
  • Oct 14, 2024 Price $348,000
  • Jul 02, 2024 Price $373,000
  • May 30, 2024 Listed at $385,000
Past Sales
  • #2008: 1 Bd | 1 Ba @ $299K (11/7/24)
  • #2110: Studio | 1 Ba @ $315K (11/1/24)
  • #3602: 1 Bd | 1 Ba @ $390K (10/4/24)
  • #2801: 2 Bds | 2 Ba @ $620K (10/3/24)
  • #1607: 1 Bd | 1 Ba @ $315K (9/27/24)
  • #3913: 1 Bd | 1 Ba @ $420K (9/17/24)
  • #3320: Studio | 1 Ba @ $320K (8/20/24)
  • #3908: 1 Bd | 1 Ba @ $320K (8/9/24)
  • #3513: 1 Bd | 1 Ba @ $375K (7/26/24)
  • #1620: Studio | 1 Ba @ $218K (7/16/24)
  • #3213: 1 Bd | 1 Ba @ $375K (6/27/24)
  • #2405: Studio | 1 Ba @ $255K (5/22/24)
  • #1912: 1 Bd | 1 Ba @ $299K (5/21/24)
  • #1113: 1 Bd | 1 Ba @ $325K (5/17/24)
  • #2004: 2 Bds | 2 Ba @ $580K (5/15/24)
  • #2318: 1 Bd | 1 Ba @ $300K (5/15/24)
  • #2509: 1 Bd | 1 Ba @ $372K (5/15/24)
  • #1307: 1 Bd | 1 Ba @ $300K (4/5/24)
  • #2618: 1 Bd | 1 Ba @ $380K (3/28/24)
  • #1417: 1 Bd | 1 Ba @ $345K (3/11/24)
  • #2409: 1 Bd | 1 Ba @ $425K (2/28/24)
  • #1303: 1 Bd | 1 Ba @ $315K (1/19/24)
  • #3808: 1 Bd | 1 Ba @ $328K (1/16/24)
  • #906: 1 Bd | 1 Ba @ $360K (12/29/23)
  • #2215: Studio | 1 Ba @ $255K (12/22/23)
  • #1001: 1 Bd | 1 Ba @ $395K (12/15/23)
  • #3408: 1 Bd | 1 Ba @ $300K (12/12/23)
  • #3515: Studio | 1 Ba @ $260K (11/27/23)
  • #2718: 1 Bd | 1 Ba @ $320K (11/27/23)
  • #4006: 1 Bd | 1 Ba @ $389K (11/21/23)
  • #1611: 2 Bds | 2 Ba @ $600K (10/17/23)
  • #1707: 1 Bd | 1 Ba @ $340K (10/4/23)
  • #1115: Studio | 1 Ba @ $220K (9/28/23)
  • #1613: 1 Bd | 1 Ba @ $355K (9/27/23)
  • #3418: 1 Bd | 1 Ba @ $370K (9/18/23)
  • #2612: 1 Bd | 1 Ba @ $358K (9/12/23)
  • #1002: 1 Bd | 1 Ba @ $383K (9/11/23)
  • #1310: Studio | 1 Ba @ $230K (9/6/23)
  • #1508: 1 Bd | 1 Ba @ $350K (8/22/23)
  • #1320: Studio | 1 Ba @ $220K (8/14/23)
  • #3018: 1 Bd | 1 Ba @ $350K (7/26/23)
  • #2906: 1 Bd | 1 Ba @ $423K (7/20/23)
  • #1916: 1 Bd | 1 Ba @ $282K (7/10/23)
  • #3803: 1 Bd | 1 Ba @ $455K (6/30/23)
  • #1013: 1 Bd | 1 Ba @ $310K (6/28/23)
  • #2614: 2 Bds | 2 Ba @ $522K (6/26/23)
  • #1917: 1 Bd | 1 Ba @ $326K (6/23/23)
  • #1318: 1 Bd | 1 Ba @ $295K (6/22/23)
  • #1401: 2 Bds | 2 Ba @ $561K (6/16/23)
  • #2508: 1 Bd | 1 Ba @ $220K (6/1/23)
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.19
  • Price / ft²: $408
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: AC Central, Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2013
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone B
  • View: City, Diamond Head, Marina/Canal, Mountain, Sunrise
  • Furnished: Full
  • Property Condition: Above Average
  • Owner Occupancy: 40%
  • Management Company: Hawaiian MGM
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Exercise Room, Heated Pool, Patio/Deck, Pool on Property, Resident Manager, Sauna, Storage, Trash Chute, Whirlpool
  • TMK: 1-2-6-12-10-578
  • Tax Assessed Land: $26,200
  • Tax Assessed Improvements: $616,700
  • Tax Assessed Total: $642,900
  • Courtesy: TY Realty, Inc. / (808) 941-6675
  • MLS: 202408206
Ask A Question
Good to Know
  • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
  • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
  • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
  • The homeowners' association has purchased a 62% interest in the Fee.

Updates
The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
Read more.


The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
Other Discovery Bay Listings
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Leasehold
$349,000
Discovery Bay #3416
1 Bd | 1 Ba
724 ft²
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Leasehold
$328,000
Discovery Bay #1003
1 Bd | 1 Ba
683 ft²
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Leasehold
$310,000
Discovery Bay #1517
1 Bd | 1 Ba
683 ft²
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Leasehold
$305,000
Discovery Bay #2918
1 Bd | 1 Ba
683 ft²
Other Waikiki Condos
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Aloha Lani #2910
1 Bd | 1 Ba
413 ft²
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La Casa #806
1 Bd | 1 Ba
565 ft²
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Rosalei #609
1 Bd | 1 Ba
477 ft²
  • Asking Price: $348,000
Description
DRASTIC PRICE REDUCTION /HIGH FLOOR UNIT/ ENCLOSED LANAI; Spacious & Clean. Remodeled (1/2013) great corner unit with a mountain canal view. Vinyl flooring, kitchen, & bath cabinets. Great location for easy access to restaurants, convenience stores, Ala Moana shops, beaches, surf breaks, and on the Bus and trolley line. Seasoned building managed and Board of Directors with wonderful staff, 24-hour security, and all the amenities you need! Private showings. Unit is fully furnished and ready to occupy or lease. A Leasehold property with Fee Available $143,640 from Discovery Bay Condominium Association. It owns approximately 96.893% of beneficial interest in the trust. Transfer of this interest from the AOAO to the unit owners is ongoing. The Lease rent has been negotiated to the end of the lease term. It is paid quarterly @ $1,348.64. Discovery Bay is a wonderful choice if you are looking for a great location close to the Beach, Ala Moana Beach Park, and Ala Moana Shopping Center. Amenities include Heated swimming pool, BBQ area, (2) exercise rooms, sauna, recreation/sunning area & whirlpool. Building has security guard, secured lobby & video.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on November 21, 2024.Information is deemed reliable but not guaranteed.
    • Oct 29, 2024 Under Contract
    • Oct 14, 2024 Price $348,000
    • Jul 02, 2024 Price $373,000
    • May 30, 2024 Listed at $385,000
    • Address: 1778 Ala Moana Blvd, Honolulu, HI 96815.
    • Built in 1977 with 633 Units on 42  Floors, Studio & 1 to 3BR Floor plans, Pets: OK (verify).
    • Amenities include Pool, Exercise Room, Sauna, BBQ Area, Many restaurants on bottom floors.
    • The homeowners' association has purchased a 62% interest in the Fee.

    Updates
    The AOAO at Discovery Bay has an approximate 62% interest in the land and there are ~6 other interested parties holding the remaining 38% interest in the land. The AOAO is interested in buying these parties out, which, if successful, would give the AOA  .....
    Read more.


    Other Discovery Bay Listings
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    Leasehold
    $349,000
    Discovery Bay #3416
    1 Bd | 1 Ba
    724 ft²
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    Leasehold
    $328,000
    Discovery Bay #1003
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $310,000
    Discovery Bay #1517
    1 Bd | 1 Ba
    683 ft²
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    Leasehold
    $305,000
    Discovery Bay #2918
    1 Bd | 1 Ba
    683 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 12/31/39
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.